Build a Resilient Supply Chain and Maximize Profitability.
Easily define your product’s unique characteristics including units of measure, main supplier, unit cost (FIFO, LIFO, average..) and selling price and configure thousands of product attributes and variants with no restrictions (e.g. colors, shapes, and lengths)
Praxis ERP simplifies and standardizes order fulfillment processes. Your products need to be transferred to different locations based on demand, but you can keep track of them all from a single central point. Praxis ERP simplifies and standardizes order fulfillment processes while maximizing the utilization of inventory to ensure accurate and on-time delivery.
Make your supply chain more efficient than ever by monitoring stock levels and sell through to avoid overstock or out-of-stock situations. Praxis ERP then promptly notifies and sends alerts to the purchasing manager to always ensure sufficient stock on hand.
Take full control of your procurement, purchase intelligently, and stock up goods exactly as you need with Praxis ERP. Make data-driven decisions using Praxis ERP’s advanced comparison tool on multiple supplier quotations and always secure the best price before buying with the fastest delivery time.
Maximize profitability using Praxis ERP and update cost of goods to include the direct and indirect costs. The inventory costing methods used are FIFO, LIFO, and Average Cost. In addition, any indirect costs, such as shipping charges, customs duties, taxes, insurance, currency conversion, etc can be added onto the original cost of the product in order to help you develop the right pricing strategies.
Relying on spreadsheets or pen and paper to track inventory is neither efficient nor accurate. With Praxis ERP, you get to experience total traceability and track every stock move in your supply chain; from purchase to warehouse to sales. Keep key information at your fingertips and make smart purchasing decisions.